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Commodities Briefing - Categorized | Oil, Price Watch more

Will oil price rise choke off stock rally?

Posted on 30 August 2013

A barrel of oil for $150. Ouch. It’s not out of the realm of possibilities if the USA’s expected military strike at Syria reverberates through the Mideast, sparking a larger supply disruption in the volatile oil-producing region.
That market call, authored by Michael Wittner, an oil analyst at Société Générale, received its fair share of attention on Wall Street, where anxiety is running high as geopolitical risks rise………………………………………..Full Article: Source


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VRS - who has written 36638 posts on Opalesque Commodities Briefing.


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